Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
More details have been revealed about a price fixing case which involves eight international ocean freight shipping companies operating in China. The companies include Japan's NYK Line and "K" Line, and Chile's CSAV. The eight companies ...
Tags: Shipping Companies, Price Fixing
China's new counter-terrorism law has made it legal for the People's Liberation Army (PLA) to participate in counterterror missions overseas. The PLA and the country's armed police forces may carry out such operations with the approval ...
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
Proposals raised by deputies of the National People's Congress (NPC) at the annual parliamentary session in March have been handled well, said the NPC Standing Committee Thursday. According to a report delivered to the NPC Standing ...
Tags: National Legislators, NPC
The General Administration of Customs (GAC) said Thursday it has intensified crackdown on smuggling of rare animals and plants through 2015. Customs authorities nationwide discovered 160 smuggling cases from January to November, seizing ...
Tags: Customs, Wildlife Smugglers
Three people were killed and another six injured, when a tower crane collapsed at an east China construction site Thursday, local authorities said. The accident happened at around 1:30 p.m. at Guoxin Sports Center in Qingdao City, ...
Tags: Tower Crane, Falls
A draft amendment to the population and family planning law is being discussed by the top legislature. Along with the universal two-child policy, the amendment covers issues including illegal surrogacy and the cancellation of extended ...
Tags: Surrogacy, Late Marriage
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...
Myanmar authorities will appeal against death sentences on two Myanmar citizens for murder of two British backpackers in Southern Thailand last year, said U Ye Htut, Presidential Spokesperson on Thursday. The appeal will be made to the ...
Tags: Death Sentences
One of China's biggest securities firms, Guotai Junan Securities Co. has announced the decision on Wednesday to return its Chairman and Chief Executive Officer, Yim Feng to active duty. In a statement issued on Wednesday, the company said ...
Tags: Guotai Junan, Chairman
Saudi King Salman bin Abdulaziz Al Saud on Wednesday stressed that the kingdom has not been affected by the current drop in oil prices due to years of money reserve, Saudi Press Agency (SPA) reported. During the past years, money kept ...
Tags: Saudi King, current drop in oil
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
China's top think tank predicts that China will see its economic growth post between 6.6 and 6.8 percent in the coming year. The number comes ahead of a major economic conference this week, during which authorities are to evaluate the ...
Tags: China's Top Think Tank, Growth